Kazakhstan, Iran sign deals worth $93 million at business forum in Tehran

Kazakhstan, Iran sign deals worth $93 million at business forum in Tehran

Kazakhstan and Iran signed agreements worth $93 million at a business forum in Tehran, where over 50 Kazakh and 200 Iranian entrepreneurs participated. Kazakh businesspeople also expressed readiness to supply Iran with 75 additional product types valued at $250 million. One of the priority areas of bilateral cooperation is agriculture, with Kazakhstan eager to export its wheat, barley, flour and vegetable oils to Iran. According to last year's results, the trade turnover between the two countries reached $340 million, marking a 12% increase compared to 2023. The turnover of agricultural products increased by a third to $220 million.

«At B2B meetings, we engaged with many Iranian companies. Multiple agreements on import of their goods and export of our goods are already in place. Therefore, I believe that such events have a positive impact on both economies and on the export orientation of other countries,» said entrepreneur Abylai Sanan.